Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
How do you think the banking sector is going to get impacted?
Manager 1: The impact of the shift to IFRS is going to be much higher in the banking sector. This impact would be seen in areas of loan loss provisioning, financial instruments etc. There is thus going to be a significant impact on the financial position and performance. It would also impact the capital adequacy ratios.
Manager 2: Application of IFRS in areas such as provision for loan losses and investments will require a high level of judgment and thus a lot of changes would need to be made in the financial reporting processes.
Analysis: With the various complexities that the banking and financial sector bring with itself, these industries are expected to have the maximum impact in the transition to IFRS. The difference would be due to the changes that would occur in the functioning of financial instruments, loss provisioning etc. All these changes will have a significant impact on the financial position and performance of the banks.
Expertsmind.com offers unique solutions in accounting.
Holding period return: Holding period return is the return earned by the virtue of holding an asset over a given period. The return is equal to the income and other gains earned fr
An electron, an alpha-particle and a proton have the same kinetic energy. Which one of these particles has the largest de-Broglie wavelength ?
if a series of three observations has a mean andd median of 4 and mean absolute deviation of 4/3. what is the series
A researcher has gathered data on the daily returns on a portfolio of call options over a recent 250-day period. The mean daily return has been 0.001 and the sample standard deviat
Nuclear holocaust It is the name given to large scale destruction and devastation that would be caused by the use of nuclear weapon. The radioactive waste will hang like a cloud i
how to find 1st quartile from the graph of more than ogive type, please reply me with an example
According to a weather forecaster's subjective probability assessments, the probability of record-breaking rain during this year in Jamshedpur is 0.01 . However, if Ranchi has a r
is about deductions
what is the need
example of descriptive and inferential statistics?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd